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Basic Question 1 of 9

A DR may represent ______ of the underlying stock.

I. one share
II. many shares
III. a fractional share

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe methods for investing in non-domestic equity securities

CFA® 2025 Level I Curriculum, Volume 3, Module 4.